Lucky Strike Appoints New Director and Officers, China Coal Project Update
Mr. Dodge LI and Mr. Charn Deol have been asppointed to the Board of Directors of Lucky Strike Resources Inc. LKY Directors have completed their pre-purchase due diligence. They are satisfied with the results.
Vancouver, Canada, July 02, 2010 --(PR.com)-- Lucky Strike Resources Ltd. (LKY TSX-V) (the “Company”) wishes to announce that the Company is welcoming Mr. Dodge Li of Vancouver, B.C. to join the company's board of directors and as chief executive officer. The company also welcomes Mr. Charn Deol of Richmond, B.C. to the management team of Lucky Strike Resources Ltd as Vice-President, Corporate Development and both positions are effective immediately.
Mr. Li graduated from Shandong University with a Masters Degree in Physics, and was appointed as a Teaching Associate in the Physics Department of Shandong University before coming to Canada. From 1983 to 1989, he was enrolled in the graduate study program in the Physics Department of Ottawa University and the University of British Columbia and also worked as a Teaching and Researching Assistant.
Mr. Li brings to Lucky Strike more than 15 years of investment experience on China related projects including structuring, planning and implementing Sino Joint Ventures. Mr. Li will be instrumental in assisting the company to source and acquire a significant resource project in China. Mr. Li currently serves as a Director, Chairman and CFO of Cadman Resources Inc.
Mr. Charn Deol (B.A., M.A., PhD) has over 25 years of experience in the financial market including international project financing. He has served on both private and public company boards which have been focused on emerging markets and has direct experience in India and China. His current concentration is in providing consulting services for a number of companies in the mining industry focused on mineral exploration and development in China and India.
Past experience includes living in a number of countries in Asia providing consulting services to Western firms interested in opportunities in Asia, cross-cultural negotiations, public and investor relations, financing and project analysis.
Charn Deol is Vice-President of The Indo-Canada Chamber of Commerce (B.C.) actively involved in fostering trade between Canada and India. He is also a partner in Phistream Consulting based out of New Delhi, India, providing software, mining, and corporate advice to foreign companies. Phistream was instrumental in obtaining the first Reconnaissance Permit for a gold/platinum mining exploration project for a Canadian Junior mining company in India.
Mr. Derek Bartlett has resigned as a director and chief executive officer to pursue other ventures effective immediately. The company would like to thank him for his services and wishes him success in his other ventures.
China Coal Project Update
Further to the Company’s news release dated May 26, 2010, the Company has completed its internal pre-purchase due diligence of the Changyun Coal Project and is satisfied with the conditions as they were set out. SinoCan Coal Limited, the recently engaged project acquisition consultant has been asked to commence negotiation of a Purchase Agreement with the terms and conditions of a proposed transaction between the Company and the Project Owner to purchase up to a majority interest of the Guizhou Changyun Coal Mine.
Mr. Christian Derosier P.Geo., the Company’s Independent Qualified Person has completed a site visit and a technical review will be completed shortly with a proposed work plan for the project.
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Mr. Li graduated from Shandong University with a Masters Degree in Physics, and was appointed as a Teaching Associate in the Physics Department of Shandong University before coming to Canada. From 1983 to 1989, he was enrolled in the graduate study program in the Physics Department of Ottawa University and the University of British Columbia and also worked as a Teaching and Researching Assistant.
Mr. Li brings to Lucky Strike more than 15 years of investment experience on China related projects including structuring, planning and implementing Sino Joint Ventures. Mr. Li will be instrumental in assisting the company to source and acquire a significant resource project in China. Mr. Li currently serves as a Director, Chairman and CFO of Cadman Resources Inc.
Mr. Charn Deol (B.A., M.A., PhD) has over 25 years of experience in the financial market including international project financing. He has served on both private and public company boards which have been focused on emerging markets and has direct experience in India and China. His current concentration is in providing consulting services for a number of companies in the mining industry focused on mineral exploration and development in China and India.
Past experience includes living in a number of countries in Asia providing consulting services to Western firms interested in opportunities in Asia, cross-cultural negotiations, public and investor relations, financing and project analysis.
Charn Deol is Vice-President of The Indo-Canada Chamber of Commerce (B.C.) actively involved in fostering trade between Canada and India. He is also a partner in Phistream Consulting based out of New Delhi, India, providing software, mining, and corporate advice to foreign companies. Phistream was instrumental in obtaining the first Reconnaissance Permit for a gold/platinum mining exploration project for a Canadian Junior mining company in India.
Mr. Derek Bartlett has resigned as a director and chief executive officer to pursue other ventures effective immediately. The company would like to thank him for his services and wishes him success in his other ventures.
China Coal Project Update
Further to the Company’s news release dated May 26, 2010, the Company has completed its internal pre-purchase due diligence of the Changyun Coal Project and is satisfied with the conditions as they were set out. SinoCan Coal Limited, the recently engaged project acquisition consultant has been asked to commence negotiation of a Purchase Agreement with the terms and conditions of a proposed transaction between the Company and the Project Owner to purchase up to a majority interest of the Guizhou Changyun Coal Mine.
Mr. Christian Derosier P.Geo., the Company’s Independent Qualified Person has completed a site visit and a technical review will be completed shortly with a proposed work plan for the project.
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Contact
Lucky Strike Resources Inc
Monty C. Ritchings
604-681-8225
www.luckystrikeresources.com
Contact
Monty C. Ritchings
604-681-8225
www.luckystrikeresources.com
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